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Devyser Diagnostics AB (DVYSR) Fair Value & Analysis

Healthcare · SE · Market cap 1.0B SEK

DD Devyser Diagnostics AB DVYSR · ST
Pricekr 63.60
Fair Valuekr 10.02
Upside-84.3%
Quality63/100
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Mixed Growth
Thin margins · 5.8% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/13)
Narrow moat 37/100
Evidence: Medium Range kr 7.34 – kr 12.71 Share as image

Fair value as of: Jul 11, 2026

From 14 valuation models · updated 30 days ago

Fair value updated Jul 11, 2026, revised from kr 17.83 to kr 10.02 (−43.8%) since Jun 24, 2026. Share price +2.9% over the past month.

A solid business, but screening 84% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 12.71). The favourable scenario is already priced in.
  • Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

kr 157.80 kr 58.00 Fair Value kr 10.02 Dec 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

56‑month range kr 58.00 – kr 157.80 · fair‑value band kr 7.34 – kr 12.71 · the kr 63.60 price screens above the kr 10.02 fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Devyser Diagnostics AB (DVYSR) currently trades at kr 63.60, while our model-based Fair Value estimate is kr 10.02, implying the stock looks roughly 84.3% overvalued today. The Quality Score stands at 63/100 (solid quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Devyser Diagnostics AB generated revenue of 258M SEK at a net margin of 5.8%. Revenue grew 12.8% year over year. It earns a return on equity of 4.4%. Net debt stands at 11.9M SEK. Fundamentals as of Jul 11, 2026

Our scenario range runs from kr 7.34 (bear case) to kr 12.71 (bull case); at kr 63.60, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 60% below its 52-week high, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -22% fair-value upside, at -84%, DVYSR screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF kr 9.69 kr 13.04 kr 19.22 80
Rev-Margin DCF kr 10.75 kr 16.75 kr 28.28 74
ROIC Compounder kr 7.12 kr 7.47 kr 7.76 72
All 14 models by family
DCF Models
FCF DCF kr 10.03 kr 12.53 kr 19.99 38
Owner Earnings kr 17.65 kr 31.66 kr 57.64 31
5Y Revenue Exit kr 10.59 kr 15.23 kr 24.96 39
5Y EBITDA Exit kr 22.62 kr 39.53 kr 72.78 41
10Y Revenue Exit kr 10.22 kr 17.33 kr 22.00 36
10Y EBITDA Exit kr 18.46 kr 40.96 kr 81.92 37
Earnings-Based
EPV kr 7.12 kr 7.47 kr 7.76 59
Multiples
EV/EBIT kr 12.65 kr 15.33 kr 18.02 53
EV/EBITDA kr 28.18 kr 36.04 kr 43.90 54
EV/Revenue kr 10.34 kr 12.81 kr 15.27 43
Asset-Based
NCAV (Graham) kr 10.55 kr 14.14 kr 21.10 50
Growth DCF
Growth DCF kr 9.69 kr 13.04 kr 19.22 80
Rev-Margin DCF kr 10.75 kr 16.75 kr 28.28 74
Economic Profit
ROIC Compounder kr 7.12 kr 7.47 kr 7.76 72

Widest divergence: DCF Models (kr 17.33) versus Earnings-Based (kr 7.47). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 258M SEK
Revenue growth (YoY) +12.8%
Net margin 5.8%
Return on equity 4.4%
Free cash flow 6.7M SEK FY2025
P/E ratio 106.0
More key figures
Operating margin 4.5%
EPS (TTM) kr 0.8700
Net debt 11.9M SEK FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 61 · Market factors (momentum, volatility) 16

Profitability 27
Margins and returns on capital today
Quality Growth 83
Are margins and returns improving?
Cashflow 42
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 2
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 69
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Devyser Diagnostics AB (publ) provides diagnostic kits and advanced analysis services for clinical genetics and post-transplantation laboratories in Sweden, rest of Europe, the Middle East, and Africa.

Full company description

Devyser Diagnostics AB (publ) provides diagnostic kits and advanced analysis services for clinical genetics and post-transplantation laboratories in Sweden, rest of Europe, the Middle East, and Africa. It offers kits and reagents, such as post-transplantation, thalassemia, fetal RHD screening NIPT, Cystic fibrosis cardiovascular diseases, male infertility, rapid aneuploidy analysis, accessories, hereditary cancer, and transfusion medicine products; and Amplicon Suite and Advyser for cloud-based software solutions for data analysis and the interpretation of test results. The company was incorporated in 2004 and is headquartered in Årsta, Sweden.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Devyser Diagnostics AB reported revenue of kr 251M in FY2025 versus kr 93.5M in FY2021, a compound +27.9%/yr. Reported net income was −kr 8.4M in FY2025.

Growth Quality 76/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
251M SEK
Latest YoY
+15.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+25.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+30.7%
Avg. growth/yr (7Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+26.6%
Revenue +27.9%/yr
FY21 kr 93.5M
FY22 kr 127M
FY23 kr 169M
FY24 kr 217M
FY25 kr 251M
Net income
FY21 −kr 20.7M
FY22 −kr 46.0M
FY23 −kr 53.6M
FY24 −kr 61.5M
FY25 −kr 8.4M

DVYSR screens 84% overvalued. Compare with Abbott Laboratories, →

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Cite: Fair Value Calculator (2026). "Devyser Diagnostics AB Fair Value". https://www.fairvalue-calculator.com/stock/DVYSR

Peer Group

Medical Devices · 352 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 63 · Above median
Fair Value upside −84% · Bottom 25%
Return on equity (TTM) 4% · Above median
Return on assets 5% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) 5% · Below median
Revenue growth 13% · Above median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Medical Devices median · lower = cheaper

P/E (TTM) 67.3× · Pricier than 75% of peers
P/B 2.87× · Pricier than median
P/S (TTM) 3.95× · Pricier than median
P/FCF 16.0× · Pricier than median
EV/EBITDA 21.7× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 64 · sector 29
PAST 17 · sector 8
HEALTH 100 · sector 97
DIVIDEND 0 · sector 38

VALUE 0: the price sits above our fair-value range.

Insider activity: 35/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Medical Devices stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $100.68 $74.79 -26%
Stryker Corporation SYK $316.44 $186.28 -41%
Medtronic plc MDT $83.56 $65.57 -22%
Boston Scientific Corporation BSX $43.04 $38.44 -11%
Edwards Lifesciences Corporation EW $85.73 $41.02 -52%
Siemens Healthineers AG SHL €34.59 €33.87 -2%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥149.43 ¥147.63 -1%
Shanghai United Imaging Healthcare Co 688271 ¥109.00 ¥43.60 -60%
Demant A/S DEMANT kr 276.60 kr 161.17 -42%
Getinge AB GETIB kr 206.80 kr 192.14 -7%

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Frequently asked questions

Is Devyser Diagnostics AB (DVYSR) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of kr 10.02 versus a price of kr 63.60, about −84% (overvalued).
What is the fair value of DVYSR?
Our model-based fair value for Devyser Diagnostics AB is kr 10.02 (as of Jul 11, 2026), built from audited fundamentals. The current price is kr 63.60.
What is the quality score of DVYSR?
Devyser Diagnostics AB has a Quality Score of 63/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Devyser Diagnostics AB (DVYSR)?
Devyser Diagnostics AB reported trailing-twelve-month revenue of about 258M SEK (latest available figure, as of Jul 11, 2026).
What is the net profit margin of DVYSR?
The net profit margin of Devyser Diagnostics AB is about 5.8%, meaning it keeps roughly 5.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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